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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (7688)12/2/1997 6:26:00 AM
From: Pancho Villa  Respond to of 9285
 
Dale RE ALYD >>What's your target to short? I figure give it a few days and it will be ripe. The last time the stochastics were this overbought, it dropped seven points not long after.<<

fortunately/unfortunately I did find the shares to short at 137/8. Yesterday I tried to short some more but found no shares. You see BB stocks are manipulated easily IMO this puppy will head back down relatively soon. Read the press releases and SEC fillings this dog will go nowhere but it will/can do scary thhingsa yust driving around the block.

I would short at this level. Don't recall all the details but the market cap was ridiculusly high at 14, and the stock is now about 30% higher.

Pancho